three months have elapsed since my purchase conveyancing in Kensington completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Kensington differ for newly converted properties?
Most buyers of new build residence in Kensington come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Kensington typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Kensington or who has acted in the same development.
Are there any apps to assist me to locate a Kensington law firm on the Alliance & Leicester conveyancing panel? I have a car and am willing to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the facility on this website. Please choose the lender and your location and you will see a number of Kensington conveyancing lawyers located nearest you. We have detailed some Kensington conveyancing firms at the bottom of this page and you can ring them to verify if they are on the Alliance & Leicester approved list
I need to instruct a conveyancing solicitor in Kensington for my house move. Is there any facility to review a solicitor's complaints history with the legal regulator?
Anyone may see presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator could monitor call for training reasons.
I have just started marketing my basement flat in Kensington. Conveyancing solicitors are to be appointed soon, however I have just received a quarterly maintenance charge invoice – Do I pay up?
It best that you discharge the maintenance contribution as normal given that all rents and maintenance charges should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
We have reached the end of our tether in trying to purchase the freehold in Kensington. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the LVT to calculate the premium.
An example of a Lease Extension decision for a Kensington flat is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case affected 1 flat. The number of years remaining on the existing lease(s) was 37.79 years.
I pay a service charge for my flat in Kensington. As a result of flawed financial planning I fell behind with payments. The management company agreed a clearance schedule but there remains around £3000 remaining in arrears.
I want to dispose of the property and I am panicking this will hold me back if I have to settle the arrears now. Do I have to settle before - is this possible?
You should check with the lawyer dealing with your Kensington conveyancing but it might be possible to agree for the debt to be attributed to the purchasers. The final price they pay would be adjusted to reflect the amount of debt they assume. They would then deal with the arrears once they are the owners.